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FireFly new game changer

2 min readJan 21, 2022

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Firefly is new palyer in DEXs with enormous ability to growth. So lets start, Firefly is Dex built in ecosystem of Polkadot on top of Moonbeam chain. So in next, i would like to share with you my point of view, why Firefly have amazing opportunity.

In the first, the exchange allows trading with leverage, which is unprecedented among its competitors. And in principle, as far as I know, such an opportunity has not yet been offered among decentralized exchanges. This will become an important characteristic for the lion’s share of market participants, and is likely to arouse interest among those who like to trade with the shoulder.

In the second, this DEX offers almost zero commissions. To be more precise, thanks to batch processing of transactions, the commission can cost less than $ 0.10 per transaction. Moreover, for the first time after the launch of the exchange, all trading will take place for free, that is, without commissions.

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So another advantage and reson why to use FireFly is that you no need to to transfer you money to unkown trusted Centralized exchanges, you may just connect your Dapp (wallet like MetaMask) and go ahead. Firefly performans in ideal conditions, it takes 400 ms, which competes with delays in traditional finance. In addition, with the help of aggregation, the exchange can perform an order of magnitude more transactions per second.

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Also, one of the good sign that project is going to succed is, of course its invested funds. as you can see above, project has biggest and powerful investors. Also, bidders will be rewarded with the native token of the exchange $FLY, which will be another plus in the piggy bank of the platform.

Token is presented as DOA token. In conclusion i would like to say, that this is potentially perfect project .

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Sanzhar Bekbolat
Sanzhar Bekbolat

Written by Sanzhar Bekbolat

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